+31% above market
median 1,975 €/m² for comparable properties
225,000 € 2,586 €/m²
Rent covers ~ 69% of the payment
~ 691 €/mo rent · you top up ~ 307 €/mo
Sale305,700 €2,997 €/m²
Expected rent815 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Chaika (79 properties)
Area
102 m²
Floor
5 / 5
Construction
Brick
Year
2005
Yield analysis
Low investment rating
Monthly payment1,356 €20% down payment · 20 yrs · 3%
Expected rent815 €at market conditions for the neighbourhood
The rent covers 60% of the payment — you top up about 541 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Chaika (79 properties) — 2,997 €/m² against 2,854 €/m².
Three-room apartment with an area of 102 sq m, located on the top floor in Chayka district, Varna. The property includes a spacious living room with kitchenette and dining area, two bedrooms, a combined bathroom and storage room. There are two terraces, which provide additional light and relaxation opportunities. The building is brick, built in 2005, with an available elevator. The area is quiet and peaceful, with well-developed infrastructure and proximity to the sea, educational institutions and shops. The apartment is suitable for family living with everyday conveniences and access to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,356 €, against an expected local rent of 815 €. The rent covers 60% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- elevator
- close to the sea
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there a tenant at the moment, and when does the lease end?
Because: The property is advertised for sale and for rent at the same time.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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